Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h 0.000%
Price spread now: Extended against Phemex+0.045%7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$175as in the Funding arb table
Net, price: spread back to 7d avg − costs−$161as in the Price arb table
costs, in and out, $10k−$1671.672% of the position
Funding, last 7 days−0.076%−$8 on $10k
+Price spread, last 4 days (all we have)−0.137%−$14 · spread now +0.045%, 7d avg −0.021%
=Together, before fees−0.213%+ Points / potential airdropExtended: Active · farm board−$21 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.066% dearer against Phemex than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.021%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex GRAMUSDT | 1.4320 | 0.0100 | pay 0.0050% / 4h | 12m 18s | $1.6M | $1.7M | 20x |
| Short | Extended GRAM-USD | 1.4326 | 0.0104 | get 0.0013% / 1h | 12m 18s | $167K | $122K | 5x |
Phemex GRAMUSDT
Extended GRAM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Phemex. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0.84
- Price spread: +0.045% → −0.021%
- $6.59
- Slippage, 4 orders
- −$150.19
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$159.76
- Costs to cover
- 1.672%
- Break-even
- 1338.3 days
Slippage from Phemex: live order book, 1 min ago; Extended: live order book, 23 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Phemex live order book, 1 min ago | 6.98 bp | 73.1 bp −$73 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 23 min ago | 5.24 bp | 17.0 bp −$17 | 91.3 bp −$913 | doesn't fit | doesn't fit |
GRAM on 21 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective GRAM/USDC PERP | +0.0033% | 1h | 1.4490 | +1.187% | $4K | $143K | 12x | as long as short |
| Lighter GRAM | +0.0096% | 1h | 1.4339 | +0.130% | $2.3M | $2.9M | 20x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4330 | +0.070% | $20.2M | $27.3M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4320 | 0.000% | $30.3M | $13.4M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4330 | +0.070% | $8.5M | $8.0M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4329 | +0.063% | $3.6M | $3.5M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4330 | +0.070% | $16.3M | $2.7M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4329 | +0.063% | $8.8M | $10.0M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4326 | +0.042% | $7.0M | $4.0M | 50x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0100% | 1h | 1.4337 | +0.119% | $53K | $15K | 10x | as long as short |
Injective GRAM/USDC PERP
Lighter GRAM
Binance GRAMUSDT
Bybit GRAMUSDT
OKX GRAM-USDT-SWAP
Gate GRAM_USDT
MEXC GRAM_USDT
KuCoin GRAMUSDTM
Bitget GRAMUSDT
Backpack GRAM_USDC_PERPShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4316 | −0.026% | $16K | $276K | 10x | as long as short |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4320 | 0.000% | $14K | $616K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4330 | +0.070% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4346 | +0.182% | $6K | $558K | 10x | as long as short |
| HTX GRAM-USDT | +0.0100% | 4h | 1.4355 | +0.244% | $305K | $639K | 30x | as long as short |
| Phemex GRAMUSDTlong | +0.0100% | 4h | 1.4320 | long leg | $1.6M | $1.7M | 20x | |
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4323 | +0.024% | $2K | $31 | 5x | as long as short |
| Extended GRAM-USDshort | +0.0104% | 1h | 1.4326 | +0.045% | $167K | $122K | 5x | |
| Hyperliquid GRAM | +0.0153% | 1h | 1.4340 | +0.140% | $35.3M | $7.7M | 5x | as long as short |
| Aster GRAMUSDT | +0.0224% | 4h | 1.4356 | +0.251% | $968K | $124K | 50x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4350 | +0.209% | $1.4M | $243K | 50x | as long as short |
edgeX GRAMUSDC
ApeX Omni GRAMUSDT
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
HTX GRAM-USDT
Paradex GRAM-USD-PERP
Hyperliquid GRAM
Aster GRAMUSDT
BloFin GRAM-USDT